Author: baileylawfirm

Recent court filings relating to the recent death of legendary soul musician Aretha Franklin have revealed that she died without having written a will. This occurred in spite of having a multi-million dollar estate and having been urged by those close to her to write a will for years. Unfortunately, this is not a rare… Read More

The Houston area is an ideal location for international investments. Already hosting a booming economy and a huge, well-educated population, things are only looking up in the future. Both now and moving forward, Houston continues to be the perfect place to form and expand your international business. Access to Markets Houston has close connections to… Read More

A non-disclosure agreement (NDA) can be a great way to assist in protecting your business’s valuable confidential information, trade secrets, and intellectual property. A poorly drafted NDA can fail to do what is intended, and could become ineffective if not completely unenforceable. There is no one-size-fits-all NDA, but the following clauses will help to ensure… Read More

At first glance, prenuptial and postnuptial agreements may seem to differ in nothing more than their timing: a prenuptial agreement (also known as a “premarital property agreement” or “prenup”) is negotiated and signed prior to marriage; a postnuptial agreement (also known as a “marital property agreement,” “partition agreement,” or “postnup”) is negotiated and signed after… Read More

Parents are often concerned with how the wealth they leave behind will affect their children. Some fear that their inheritance may make their children lazy, idle, and spoiled, with no work ethic or desire to leave any positive contributions to the world. One way that this problem can be solved is through the use of… Read More

As a business grows, it will inevitably need legal assistance. Businesses often avoid seeking professional legal advice, treating it as an unnecessary added expense. This usually backfires: by failing to ensure that actions are grounded in good legal advice, businesses are setting themselves up for expensive and time-consuming legal troubles. By investing in proactive legal… Read More

Determining a work’s copyright status is important for content creators and for anyone trying to make use of a preexisting work, but people are often confused about what copyright is and how it can be obtained. This problem is exacerbated by the fact that the popular and colloquial understanding of copyright law often differs from… Read More

Adaptations of novels have always been a cornerstone of both independent and Hollywood film production. There are good reasons for this popularity: using a book as source material can bring an established fan base and plot structure to work with, but adaptations also have drawbacks. Without proper legal foundations, any book-to-film adaptation can be destined… Read More

Choosing which type of entity to use for your business can be a confusing and overwhelming task. This may leave you feeling frustrated and wanting to just get it over with, thereby causing you to quickly pick whichever type of entity sounds the best. Despite this, you should always make sure that you carefully consider… Read More

Though hobbies are often seen as trivial, any category of assets with significant value should be treated as an important part of a person’s estate. Whether your hobby deals with a valuable collection of something like art, jewelry, watches, or even airplanes, or if you operate a small-scale microbusiness selling products as a hobby, it… Read More